New Zealand national carrier Air New Zealand said that charges that it was part of price fixing in air cargo services had been dropped by the European Commission. It said it was one of 11 airlines that had had the charges against them dropped.
Read More »

Hong Kong Air Cargo Terminals Limited (Hactl) announced that the company recently attained the Cargo 2000 certification, confirming Hactl to be in full compliance with the requirements of the standard and scopes of work under Cargo 2000 Quality Management
Read More »

National carrier Thai Airways International PCL said the European Commission had dropped charges against it relating to competition rules in the cargo sector and it did not now face any fine.
Read More »

Cathay Pacific Airways Ltd said it is evaluating its options with regard to a decision by the European Commission to fine the Hong Kong carrier 57.12 million euros ($78.57 million) over a cargo price-fixing case.

TIACA has welcomed as a 'significant step forward' the World Customs Organization's (WCO) decision to work towards reducing the profuse paper-based documentation that accompanies international air cargo shipments.

Shipping and oil group A.P. Moller-Maersk hiked its 2010 profit forecast to around $5 billion as it posted forecast-beating profits for nine months, driven by cost cuts and higher freight rates and oil prices.

Greek shipping group Goldenport Holdings will look at container ship acquisitions in the coming months, helped by an improving market and a war chest of over $150 million, its commercial director said.

China's steelmakers face falling prices in the next few months as property market curbs begin to bite, in a trend that could spread to upstream sectors such as spot iron ore, coking coal and seaborne shipping rates.

Mitsui O.S.K. Lines, Ltd. Has announced the adoption of the low-friction ship bottom paint named 'LF-Sea' developed by Nippon Paint Marine Coatings Co., Ltd. (headquarters: Kobe City, Hyogo; President: Nobuhiro Sasaki) on a new building PCTC(Pure Car and
Read More »

China Merchants Holdings International has agreed to form a joint venture that will buy a 47.5 percent stake in a container-terminal operator in Nigeria from Israel's Zim Integrated Shipping for $154 million.
Read More »

The Alabama State Port Authority offloaded through its Pinto Steel Terminal the first shipment of Brazilian made steel slab bound for the ThyssenKrupp Steel USA multi-billion dollar steel processing facility at Calvert, Ala. Just over 50,000 metric tons o
Read More »